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Chinaâs economy isnât just slowing down â itâs eating itself alive to survive.
In this episode of China Uncensored, Chris Chappell breaks down how Chinaâs local governments are running out of money as land sales collapse, debt explodes, and revenue dries up. To stay afloat, officials are selling off future income, auctioning public assets, squeezing the private sector, and even using police to confiscate money in the name of âlaw enforcement.â
From selling school cafeterias and parking spaces to retroactively demanding decades-old taxes and âocean fishingâ raids across provinces, Chinaâs economic survival tactics are making the situation even worse. And as debt piles up and confidence collapses, even Chinaâs own official data canât hide how bad things have gotten.
So the next time you hear about how strong Chinaâs economy is, remember: when the tiger is hungry, the lamb doesnât get a vote.
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